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it should not be an excuse to talk down the economy. just to try to score some political points. >>catherine: the financial experts say that this is a move and the right direction but very, very slowly. catherine heenan, kron 4 news. >>pam: team coverage with the jobs report was good news for the restaurant industry kron 4 spoke to business owners and the east bay. backing up what statistics say seen in increase of hundreds of customers and states are more opportunities for hiring. >> and if you are saving or one day's pay check for your favorite eatery? and walnut creek patrons are choosing local eateries and that business is good. >> this year we of hired 15 percent more people. >> terry has owned this old san francisco creamery for nearly eight years. despite the economy is not made to make changes for the prices in two years. >> right now they are eating out more. and if they want something fast, casual. and something that is probably not going to hit them in the pocketbook that hard. >> the research bureau of statistics saying that there has been an average of 21,000 new job
it should not be an excuse to talk down the economy. just to try to score some political points. >>catherine: the financial experts say that this is a move and the right direction but very, very slowly. catherine heenan, kron 4 news. >>pam: team coverage with the jobs report was good news for the restaurant industry kron 4 spoke to business owners and the east bay. backing up what statistics say seen in increase of hundreds of customers and states are more opportunities for hiring....
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despite the economy is not made to make changes for the prices in two years. >> right now they are eating out more. and if they want something fast, casual. and something that is probably not going to hit them in the pocketbook that hard. >> the research bureau of statistics saying that there has been an average of 21,000 new jobs each month at food and drinking establishments. that accounts for 85% of the employment gains in the hospitality industry st. >> are you going to be hiring? >> yes. >> because we're getting to a were busier season we could hire a few more staff members. >> the summer was slow but recently more and more are dining... business people are -- going out to eat. >> this positive trend. there is more splurge. they wine. -- more expensive bottles the weekend. however, more restaurants are slated to open it that the outlook is improving. >>jacqueline: some clouds but all types of clouds. however, some of varied systems towards the increase with even a rain chance is on monday. first, the events this weekend with fleet week. the blue angels tomorrow and sunday tomorrow co
despite the economy is not made to make changes for the prices in two years. >> right now they are eating out more. and if they want something fast, casual. and something that is probably not going to hit them in the pocketbook that hard. >> the research bureau of statistics saying that there has been an average of 21,000 new jobs each month at food and drinking establishments. that accounts for 85% of the employment gains in the hospitality industry st. >> are you going to be...
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Oct 9, 2012
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i spoke to >> he has failed and the economy, and foreign policy and the security of our borders. there are so many waysi live, richie kumar, kron4 >> this overview landing at s f o. he attended an afternoon fund raiser at the inter-continental. that is on howard street in san francisco. as we just saw, reggie kumar is there. president obama is there. at the bill graham civic auditorium with streets closed. mcalester street, polk, st. closed. president obama will fly out tomorrow morning. the presidential motorcade could really impact morning traffic. >>pam: the latest for the retired schoolteacher murder. hercules are holding a candlelight vigil. her husband called a neighbor on friday night when she did not show up to the airport in hercules. let me show you in the distance the candlelight vigil and flowers that have been left. this is in the memory of the woman that has been murdered. a difficult time. as you can see this video there are family, friends that have set up these candles. there are flowers out here in memory. i spoke with these people and even the people that did n
i spoke to >> he has failed and the economy, and foreign policy and the security of our borders. there are so many waysi live, richie kumar, kron4 >> this overview landing at s f o. he attended an afternoon fund raiser at the inter-continental. that is on howard street in san francisco. as we just saw, reggie kumar is there. president obama is there. at the bill graham civic auditorium with streets closed. mcalester street, polk, st. closed. president obama will fly out tomorrow...
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Oct 14, 2012
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he says that these efforts should benefit the global economy by boosting growth. >> nearly 100 spectators were injured during a fireworks display in eastern china. the low altitude and pollution fire fell into the audience. some suffered from burns all over their body. many of these people were released but five people remain hospitalized for observation and treatment. because of the accident is still under investigation. >> the foreign minister in germany is encouraging tougher sanctions. this is in response to making sanctions with the european foreign ministers planned to meet in luxembourg. they are accusing a run of developing weapons but they are denied those allegations they are accusing iran.. of making weapons. take a look at these conditions around the bay with low-lying fog. it should be burning office. which will be right back >> welcome back. we are taking this live look outside from our golden gate bridge. it is covered by fog. pretty much the story bay-area wide. as for this afternoon is going to be a bit warmer and slower to burn off. tomorrow it will be continued warming
he says that these efforts should benefit the global economy by boosting growth. >> nearly 100 spectators were injured during a fireworks display in eastern china. the low altitude and pollution fire fell into the audience. some suffered from burns all over their body. many of these people were released but five people remain hospitalized for observation and treatment. because of the accident is still under investigation. >> the foreign minister in germany is encouraging tougher...
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this is not an excuse to talk down the economy. mitt romney told people that we can do better and that we do not have to stay on the path that we have been on. riming pointed out that the unemployment rate does look like people have stopped looking for work. if the same share people were looking for work like on the day that the president got elected than the rate would be at 11%. a lot of people lost their jobs during the recession and that millions of jobs are still needed to go. it will take more than 32 days to get this under control. kitche >> the manager here this gas station stated that gas prices here have increased over 155 in the past two days. ÑóÑó chech>> the full and drug administration is text is stating that trader joe's peanut butter may have salmonella. they're setting that they have expanded this to recall for all that places that have manufactured this product. whole foods, safeway and targets have all use this brands. >> they say they're for chicago clinics have received this shot. there have been five death
this is not an excuse to talk down the economy. mitt romney told people that we can do better and that we do not have to stay on the path that we have been on. riming pointed out that the unemployment rate does look like people have stopped looking for work. if the same share people were looking for work like on the day that the president got elected than the rate would be at 11%. a lot of people lost their jobs during the recession and that millions of jobs are still needed to go. it will take...
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Oct 13, 2012
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romney is blanketing ground states with virginia and >> he laid out our five point plan to get this economy going. the other candid it attacked. americans are looking for answers, not a tax. >> the american public could likely expect these to continue. they are looking for answers, not a taand personal attacks. go to our new channel. comcast 193 for the latest news, weather and traffic updates and to watch all the presidential speeches. uninterrupted. and on digital 4.2. vanha th shuttle endeavor is slowly making its way across los angeles. it is removed along city streets. to the california science center. charles clifford has the details. >> the space shuttle endeavor has a 70 ft. wingspan. and is over 170,000 lbs.. it is moving very slowly across los angeles to meet this special transport device. and in order to accommodate this size, they have been taking down power poles and even powering down power pole was to make this safe passage. this has been at lax and left around 2:00 a.m. friday morning had only to m.p.h. the endeavour cruising through manchester boulevard and just after 4:00
romney is blanketing ground states with virginia and >> he laid out our five point plan to get this economy going. the other candid it attacked. americans are looking for answers, not a tax. >> the american public could likely expect these to continue. they are looking for answers, not a taand personal attacks. go to our new channel. comcast 193 for the latest news, weather and traffic updates and to watch all the presidential speeches. uninterrupted. and on digital 4.2. vanha th...
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Oct 8, 2012
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it is a larger economy for the euro. >> here is a look at the bay bridge. mostly clear skies but high clouds. those high clouds are making its way to the weather system that are offshore. and making some changes with the form of cooler temperatures. additional cloud coverage and the chance for showers. right now, temperatures are in the 50s. and more mild in redwood city. san jose and futurecast. looking at clouds that weather system is finally getting closer to the west coast. by tomorrow we will see some showers but those are sting to the north of ukiah. for tuesday, they will be sitting to the north on ukiah. notice, that rainfall will be offered shore. and towards the central coast and eventually out of california we could see some straight, spotty showers on tuesday. perhaps even on wednesday with a stray showers. finally pressing out on thursday. temperatures will be cooler with 60s, 70's. san jose, santa clara, 69. look for 60s and low 70's for the east bay. the warmer areas will be in los 70's, antioch. mid 60s near the bay. san francisco will be ju
it is a larger economy for the euro. >> here is a look at the bay bridge. mostly clear skies but high clouds. those high clouds are making its way to the weather system that are offshore. and making some changes with the form of cooler temperatures. additional cloud coverage and the chance for showers. right now, temperatures are in the 50s. and more mild in redwood city. san jose and futurecast. looking at clouds that weather system is finally getting closer to the west coast. by...
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Oct 10, 2012
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proposal to help farmers the poultry was on his mind within a to-feet friday as as accusing to follow the economy. >> and where he is going to save big bird? [laughter] i actually think that we need a president that will save our jobs, future. >> big bird. >> big bird. >> it was a direct response. >> mitt romney knows that it is not you you have to worry about it is sesame street. >> the by the perceived to victory of a national punch line. by taking one of the most memorable moments. >> i'm going to stop pbs because i love pbs and i even like you. pemmican of the gop put this on his signs they dressed up. -- and they say that they are trying to make a point guard slashing funding of the pbs fund will do very little to impact the deficit. >> somebody is finally getting tough on big bird. and maybe elbomo is also at risk lot >> we are not showing any campaign ads and they're asking for these to be taken down the republicans are calling this a big bird backfire. >> i think that it is troubling that the president's focus 28 days away is a big bird. >> they say that this is surprising and senator all
proposal to help farmers the poultry was on his mind within a to-feet friday as as accusing to follow the economy. >> and where he is going to save big bird? [laughter] i actually think that we need a president that will save our jobs, future. >> big bird. >> big bird. >> it was a direct response. >> mitt romney knows that it is not you you have to worry about it is sesame street. >> the by the perceived to victory of a national punch line. by taking one of...
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Oct 7, 2012
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both sides are debating on how to handle the economy. >> the death toll continues with the meningitis outbreak. the cdc said in a seven the people of died. and or cases in 10 different states this has been linked to steroid injections. health officials say 75 medical facilities in the united states and four of these are in california received contaminated products. the plant has been voluntarily shut down were these inoculations for made. >> the mars curiosity. it will pick up a portion of the terrain of the planet mars. . fem mars curiosity will explore the terrain with a chemical testing taking place. >> this is the dragon during a test flight. this is scheduled to send a capsule to the orbiting lab tomorrow night. and the first of 12 district under a $12.6 billion contract with nasa. this will be for most of october. and with an experimental samples and old equipment. from are returning to wearth returning to -- earth. with samples. >> chilly. done and-coming up with handcrafted beer [ male announcer ] citibank's app for ipad makes it easy for anne to manage her finances when she's
both sides are debating on how to handle the economy. >> the death toll continues with the meningitis outbreak. the cdc said in a seven the people of died. and or cases in 10 different states this has been linked to steroid injections. health officials say 75 medical facilities in the united states and four of these are in california received contaminated products. the plant has been voluntarily shut down were these inoculations for made. >> the mars curiosity. it will pick up a...
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Oct 14, 2012
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. >> we need the economy to get better. >> the giants are helping? >> yes. it does not hurt that they are also contending for the super bowl. and san francisco, kron 4 >> giants fans lined up bright and early to try to get baseball tickets. but not everybody is going to be lucky enough. from at&t park. we have a team coverage for the demand of giants tickets. >> just one more data before the san francisco giants play the st. louis cardinals. the giants have been sold out for some time season-ticket holders. all of these tickets have been sold as well. >> you could go to find tickets online at $120 at stubhub .com and even $88,000! >> that is not going to happen. and even there were 400 tickets available. for tomorrow's game. on monday, there are open 7000 tickets at the same price range. >> there are pretty strong secondary prices. what you would expect are these two teams. it would be a difficult time to get. >> i enjoyed the sport more than anything. some people are willing to shell out that cash. >> we will have perfect seats at home. among the only advic
. >> we need the economy to get better. >> the giants are helping? >> yes. it does not hurt that they are also contending for the super bowl. and san francisco, kron 4 >> giants fans lined up bright and early to try to get baseball tickets. but not everybody is going to be lucky enough. from at&t park. we have a team coverage for the demand of giants tickets. >> just one more data before the san francisco giants play the st. louis cardinals. the giants have...
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Oct 12, 2012
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his passion for making sure the economy grows with the middle class came through i'm really proud of him. >> a.c. poll showed voters narrowly favored ride up the ties. . >> also this morning we're following the latest out of southern california where the space shuttle endeavor is slowly making its way through the streets of los angeles to its new home in the california science center. it is a 12 mi. journey with this shuttle on a crawler is what they have anstructed. this is a heavy >> here is stanley roberts with some people behaving badly. i can't tell you what this is but i can tell you where i founded it was here in concord. from a distance it looks like any other march however it is far from it. when you walk into the marsh you will see a stark difference. there is a homeless encampment along the creek. this watershed is part of the contra costa water district. if you look around you will see lots of trash some on land but the disturbing part there's trash the water. you are looking at a demand made damned inside the creek and here the bridge made of wood season the water will r
his passion for making sure the economy grows with the middle class came through i'm really proud of him. >> a.c. poll showed voters narrowly favored ride up the ties. . >> also this morning we're following the latest out of southern california where the space shuttle endeavor is slowly making its way through the streets of los angeles to its new home in the california science center. it is a 12 mi. journey with this shuttle on a crawler is what they have anstructed. this is a heavy...
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> the polls and venezuela were hookah chavez -- wh jugo is looking to look for a larger role in the economy and continued to form an our alliance. observers say that if he loses there could be changes in foreign policy. with loosening up state controls and private investment. >> which you pay one-quarter of $1 million for this tiny apartment? a surprisingly big price tag. when kron 4 news continues welcome back. we will see cooler temperatures tomorrow. we do have a chance for showers. with a dry out and the warm up. the futurecast shown that we are still dealing with 50s. the afternoon highs will see 70's indicated by the yellow. put into a cool down to 50s by 8:00 p.m. sticking with the afternoon highs we will see see plenty of sunshine. '70s in cupertino, sunnyvale milpitas and a bit warmer in walnut creek. antioch, 74 through livermore. danville, martinez. 66 degrees in oakland. 65 degrees in alameda. and as we see temperatures in the coast we could see 50s in ocean beach. '70s in palo alto, redwood city. and low 70's expected for santa rosa. 70's through pat tillman, novado. and 70's i
> the polls and venezuela were hookah chavez -- wh jugo is looking to look for a larger role in the economy and continued to form an our alliance. observers say that if he loses there could be changes in foreign policy. with loosening up state controls and private investment. >> which you pay one-quarter of $1 million for this tiny apartment? a surprisingly big price tag. when kron 4 news continues welcome back. we will see cooler temperatures tomorrow. we do have a chance for showers....
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economy to grow at a pace better than there was reason to expect. bilbao a ministration the strike resolved by the end of the year the impasse between congress that threatens to impose this fiscal clip that folks have in talking about. those are those tax increases and deep spending cuts that are on the table. if both size and reach an agreement as an the fiscal cliff will happen. >> san jose based ebay had encouraged her is just to browse to collect items they may want to buy later with something that is calling the feed. the feature is reminiscent sites like interes--choppers can edit their feet by adding or removing categories in individual items the company is also launching a smart phone and have a computer at colicky may now. >> hale made his way into the bay. yesterday. it will show you the pictures from south bay in just one minute 0ñ@Ñ >> hale! stormy weather is the information from stormy hill other areas in the south bay also reported seeing hale in the area. hale was the size of one half inch to invention diameter falling around for o'
economy to grow at a pace better than there was reason to expect. bilbao a ministration the strike resolved by the end of the year the impasse between congress that threatens to impose this fiscal clip that folks have in talking about. those are those tax increases and deep spending cuts that are on the table. if both size and reach an agreement as an the fiscal cliff will happen. >> san jose based ebay had encouraged her is just to browse to collect items they may want to buy later with...
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it's like 870 million flaw says the economy--china's recession is one of the reasons for the decline. we are waiting for jerry >> one hollywood marriage begins as another in san and hbo star as a of a project to her list. >> jack osborn if lisa stella became mr. and mrs. in a hawaiian wedding ceremony. according to hello magazine the former realities car chase while 48 friends and family members. the to welcome their first sex and everything to eating with her trademark wit. >> it is 4: 56 let's get a quick look at storm trochophore we do have temperatures today that will be on the mild side as you concede about 75 in endicott. everywhere else will be cooler than that. and glancing at the radar on star tracker for where we do have some moisture offshore, to we did that is a good question pyriform now the chances about 20% at the meeting later today. election of african up bay that time for you. still ahead on the news we will update you on gas prices they continue to store around the bay area and throughout the state you may be surprised how much i+ by the numbers to have that for you
it's like 870 million flaw says the economy--china's recession is one of the reasons for the decline. we are waiting for jerry >> one hollywood marriage begins as another in san and hbo star as a of a project to her list. >> jack osborn if lisa stella became mr. and mrs. in a hawaiian wedding ceremony. according to hello magazine the former realities car chase while 48 friends and family members. the to welcome their first sex and everything to eating with her trademark wit....
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Oct 13, 2012
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. >> he laid it down or five point plan to get this economy going. and the other candidate just attacked. the american people are looking for answers, not a tax. >> however in this tightening race the american public can expect this to keep on coming. kron 4. >>catherine: our political analyst, michael yaki is here and you think that this changed the game? >> certainly for the democrats you have basically people that can watch the debate and fight for a guy that was good for joe biden. he came of feisty, aggressive and energetic. and where the possibility of the can of the trial lost its luster. this could have been a bit of a comeback. >> there is showing that some of these are undecided for who? >> this cnn poll of undecided polls. with 55 percent over all right and i think that, with the percentage that you see today are republicans attacking the moderator. and making fun of joe biden not so much as much as the pending paul ryan. i think there is some concern from a pro against that joe biden did have victory. however, the issue of choice came on
. >> he laid it down or five point plan to get this economy going. and the other candidate just attacked. the american people are looking for answers, not a tax. >> however in this tightening race the american public can expect this to keep on coming. kron 4. >>catherine: our political analyst, michael yaki is here and you think that this changed the game? >> certainly for the democrats you have basically people that can watch the debate and fight for a guy that was good...
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Oct 8, 2012
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the big weekend proved to be a huge one for the local economy. hundreds of thousands of people enjoying the clear skies. in joining the fleet week activities. and the big draws between besides the fleet week was of course the street festival. and the festival and golden gate park. a lot of businesses and charities came out. restaurant tables were packed. just about every corner of the city sought a huge revenue. >> we are getting a huge ridership with over 319,000 on sat... purchasing tickets. and sunday is also expected to also be huge. great news. >> 60% of our passengers pay there is a huge rider ship. it benefits everybody. >> a lot of money was also, president obama is expected to attend a fund-raiser. with alex smith, john legend and others set to perform. tickets as much as $7,500. >> taking a look at these cincinnati reds. baumgartner struck out and he retired the first drawe14. and this single had to the center fielder making it for-nothing. madison baumgartner only gave up seven hits. there is tam lincecum he is not going to be a starti
the big weekend proved to be a huge one for the local economy. hundreds of thousands of people enjoying the clear skies. in joining the fleet week activities. and the big draws between besides the fleet week was of course the street festival. and the festival and golden gate park. a lot of businesses and charities came out. restaurant tables were packed. just about every corner of the city sought a huge revenue. >> we are getting a huge ridership with over 319,000 on sat... purchasing...
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he is expected to stick to his script to promoting a better economy and more jobs if he is elected president. >> new poll shows run the has a small lead over president obama. most polls present voting for president obama. 50--47 percent are supporting romney. the poll was conducted after last week's presidential the date. there's a wide gender gap. romney leaves among men and present obama leads among female voters. we will be showing the update-- among female voters. we will be showing the update-- debate [ female announcer ] this is the story of eves. [ eves ] years ago, i hurt my shoulder drag racing. that's when i decided to take it easy, so i took up hang gliding. [ female announcer ] a grandpa who refuses to grow up. [ eves ] the pain was bad, but the thought of not being a hang glider pilot was worse. [ female announcer ] that's when eves turned to sutter health's palo alto medical foundation. [ eves ] the doctors that i dealt with, they got it, that this old guy wanted to return as a hang glider pilot. they got me flying again. [ female announcer ] palo alto medical foundation, and s
he is expected to stick to his script to promoting a better economy and more jobs if he is elected president. >> new poll shows run the has a small lead over president obama. most polls present voting for president obama. 50--47 percent are supporting romney. the poll was conducted after last week's presidential the date. there's a wide gender gap. romney leaves among men and present obama leads among female voters. we will be showing the update-- among female voters. we will be showing...
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Oct 12, 2012
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they hammered each other on the state of the economy and social policies. ryan will be rallying in ohio today and the vice president will be speaking to voters to the university of wisconsin. michael your key will be talking about the debate and we will do to move forward next. >> we will have that coming up as a kron4 news continues. also the san jose police investigate and homicide. the bay bridge hotspot accident is cleared but the traffic is really back up this morning. we will have the latest on the drive times coming up. (car horn) paying with your smartphone instead of cash... (phone rings) that's a step forward. with chase quickpay, you can send money directly to anyone's checking account. i guess he's a kicker... again, again! oh, no you don't! take a step forward and chase what matters. that statistic was completely misleading. this what politicians do the from voting for you. . >> wow! it was a lively debate as opposed to the presidential debate the first one the two candidates for vice president joe biden and far right in going at it. our politi
they hammered each other on the state of the economy and social policies. ryan will be rallying in ohio today and the vice president will be speaking to voters to the university of wisconsin. michael your key will be talking about the debate and we will do to move forward next. >> we will have that coming up as a kron4 news continues. also the san jose police investigate and homicide. the bay bridge hotspot accident is cleared but the traffic is really back up this morning. we will have...
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Oct 6, 2012
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despite the economy is not made to make changes for the prices in two years. >> right now they are eating out more. and if they want something fast, casual. and something that is probably not going to hit them in the pocketbook that hard. >> the research bureau of statistics saying that there has been an average of 21,000 new jobs each month at food and drinking establishments. that accounts for 85% of the employment gains in the hospitality industry st. >> are you going to be hiring? >> yes. >> because we're getting to a were busier season we could hire a few more staff members. >> the summer was slow but recently more and more dining... business people are -- going out to eat. >> this positive trend. there is more splurge. they are going out and looking at morse expensive bottles of wine. -- more expensive bottles the weekend. however, more restaurants are slated to open it that the outlook is improving. >> still had factories the workers are on strike in china. that produced the iphone 5. >> still overcast but that should burn away taking a look at the rock-and-roll marathon. wheat wil
despite the economy is not made to make changes for the prices in two years. >> right now they are eating out more. and if they want something fast, casual. and something that is probably not going to hit them in the pocketbook that hard. >> the research bureau of statistics saying that there has been an average of 21,000 new jobs each month at food and drinking establishments. that accounts for 85% of the employment gains in the hospitality industry st. >> are you going to be...
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Oct 8, 2012
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the bubble was a distorted economy. so i think yes, we might feel more relaxed that we've hit bottom. still not clear because there's a massive number of foreclosures down the line. still about 20% of all americans are underwater. >> rose: was that one of the failures of the obama administration not to deal with the housing crisis as part of the financial collapse. >> very much so but you have to remember he inherited the problem. bush hadn't even talked about it. obama said let's do something. but then what they proposed was simply inadequate. >> rose: was it because they focused on the financial sector at the exclusion of the housing issue? >> basically, basically. part of it was they were worried at the time that the kinds of things you needed to do. restructure the mortgage, write down the mortgages, would weaken the banking system. and they were more focused on helping the bankers than homeowners. you know, ode citizens. and i think that was a big mistake. >> rose: when you look at 2008 and the decisions made first
the bubble was a distorted economy. so i think yes, we might feel more relaxed that we've hit bottom. still not clear because there's a massive number of foreclosures down the line. still about 20% of all americans are underwater. >> rose: was that one of the failures of the obama administration not to deal with the housing crisis as part of the financial collapse. >> very much so but you have to remember he inherited the problem. bush hadn't even talked about it. obama said let's...
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why not what's really happening to the global economy with mike's cancer or a no holds barred look at the global financial headlines. is a report on our. own which brightened. from science to impression. starts on t.v. dot com. today i'm talking to you what's robert skidelsky he's a professor of political economy and also the biographer of john mayne arcanes widely considered to be the most influential economist of the twentieth century we'll be talking about what keynes could bring to today's economic crisis builds could ask you first could you explain to me in layman's terms what the government is doing to mend the economy and why you think it's not working well i don't think they're doing very much to mend the economy i think their policies are made things worse. the sad fact is that the british economy has been shrinking slowly almost for a year now rather like a very slow balloon and the government of been trying in one or two small ways to give it a bit of a stimulus but i think they're quite new initiatives. and it's too early to say how much effect they'll have but in general
why not what's really happening to the global economy with mike's cancer or a no holds barred look at the global financial headlines. is a report on our. own which brightened. from science to impression. starts on t.v. dot com. today i'm talking to you what's robert skidelsky he's a professor of political economy and also the biographer of john mayne arcanes widely considered to be the most influential economist of the twentieth century we'll be talking about what keynes could bring to today's...
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Oct 9, 2012
10/12
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so i want to know what the global economy is doing. i want to know what the u.s. economy is doing. in my mind, we're going to be in this modest growth, modest inflation environment for a while. i mean at least through 2013. but i think it is going to be positive. i think the types of sectors that we're looking at are the ones that are really going it to be sensitive to a continuation of that. so we like materials. even though materials haven't done very well i think looking ahead they will. technology, consumer discretionary sector looks good. so we think that the sect leg in the cyclical bull market started with those october 2011 lows. i've been telling our clients, hey, any opportunity you have whether it's a pullback, valuations are not expensive, you want to make sure that you are invested here because the economy is going to cope growing at least through 2014, i think. i think the market has got some upside here. >> we're going to have to leave there. a lot of good information. thanks so much, scott, scott wren, senior equity strategist at wells fargo advisors. and as we ment
so i want to know what the global economy is doing. i want to know what the u.s. economy is doing. in my mind, we're going to be in this modest growth, modest inflation environment for a while. i mean at least through 2013. but i think it is going to be positive. i think the types of sectors that we're looking at are the ones that are really going it to be sensitive to a continuation of that. so we like materials. even though materials haven't done very well i think looking ahead they will....
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Oct 10, 2012
10/12
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WETA
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economy is growing, but only at modest pace. that's what anecdotes, not hard numbers, from the fed's regional banks suggest about the business climate. 10 of the 12 fed districts reported economic activity in september expanded modestly since the last snapshot. only new york and kansas city saw a leveling off or slowing of growth. residential real estate was the one major sweet spot, showing widespread improvement. >> we've seen a pickup in house prices, we've seen a pickup in construction activity, a little bit better demand for loans. so, it generally corroborates what we've been seeing in the economic reports on the housing market. >> reporter: conditions in the manufacturing sector were mixed, but somewhat improved since the last reading. meanwhile, the job market was little changed since the last report, which was the released in august. that was a bit of a surprise, given the recent drop in the nation's unemployment rate. but, at least one economist says it suggests the lower jobless rate may not be sustainable. >> it does
economy is growing, but only at modest pace. that's what anecdotes, not hard numbers, from the fed's regional banks suggest about the business climate. 10 of the 12 fed districts reported economic activity in september expanded modestly since the last snapshot. only new york and kansas city saw a leveling off or slowing of growth. residential real estate was the one major sweet spot, showing widespread improvement. >> we've seen a pickup in house prices, we've seen a pickup in...
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Oct 8, 2012
10/12
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economy? >> i think that in the long run you can't make for $20 which can buy for 1 dollar because you can use that $19 to hire a doctor, a nurse, a schoolteacher, which is, a truck driver. so you will grow increasingly uncompetitive if you don't take advantage of that dollar an hour later to assess this edible, if labor is free how much should you buy? all of the. it's 1 dollar. that is the world we do live in. so we do have to transition from jobs that can be from goods that can be manufactured overseas and floated on a boat to a local service economy, driven by innovation. and we've made that transition and we have hired median wages and faster growth in europe who's been very reluctant because of the high labor redeployment costs to invest in making the necessary transition. but it's not as though the u.s. economy could outsource everything because they would have no income to buy anything. so there will always be a u.s. economy but it will become increasingly that local service economy. i
economy? >> i think that in the long run you can't make for $20 which can buy for 1 dollar because you can use that $19 to hire a doctor, a nurse, a schoolteacher, which is, a truck driver. so you will grow increasingly uncompetitive if you don't take advantage of that dollar an hour later to assess this edible, if labor is free how much should you buy? all of the. it's 1 dollar. that is the world we do live in. so we do have to transition from jobs that can be from goods that can be...
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Oct 6, 2012
10/12
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FOXNEWSW
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just a fact, the economy in 2012 is worse than the economy in 2011. and the economy in 2011 is worse than the recovery summer job year of 2010. how did they make this claim? >> well, look, the economy is slowing up. and the numbers bear it out. the number -- you used -- there are two job numbers. there is the household survey, which generated this very high number, which doesn't smell right. then there is the number on which they base unemployment, which is the so-called business survey or company survey. that shows 114,000 new jobs created in september. you are right. that's less than in august, less than in july. and the economy is showing every sign, at least from an employment perspective of slowing down and the number growing less. remember this, we need to create 150,000 new jobs a month just to stay even. that's how many -- 140- or 150,000 new job workers need to come to work every month. we are not creating the number of jobs to stay up with the population. think about this -- log at this rate do you think tell take to get back to the number o
just a fact, the economy in 2012 is worse than the economy in 2011. and the economy in 2011 is worse than the recovery summer job year of 2010. how did they make this claim? >> well, look, the economy is slowing up. and the numbers bear it out. the number -- you used -- there are two job numbers. there is the household survey, which generated this very high number, which doesn't smell right. then there is the number on which they base unemployment, which is the so-called business survey...
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they talked a lot about the economy and jobs. if i were a voter i would demand an answer on exactly how anyone wants any elected office in washington plans to prevent this insanity. >> it came up indirectly when jim lehrer in the republican primaries, raise your hand if you'll take a deal for $1 in tax increases you get $10 in spending cuts and none of the republicans took that deal. the president doesn't want to talk about this before the election because he has to look democrats in the eye if i cut a real deal it will cut some programs. governor romney knows if you still have a democratic senate roughly divided evenly congress the revenue question will be back on the table in some form. senator nunn has been gone from the town for a while and grateful for that. he used to serve in what they dauld world's most deliberative body. not so much any more. >> all of stay here. we got nor discuss. coming up winston churchill said you can always count on americans to do the right thing after they've tried everything else. why is sam nun
they talked a lot about the economy and jobs. if i were a voter i would demand an answer on exactly how anyone wants any elected office in washington plans to prevent this insanity. >> it came up indirectly when jim lehrer in the republican primaries, raise your hand if you'll take a deal for $1 in tax increases you get $10 in spending cuts and none of the republicans took that deal. the president doesn't want to talk about this before the election because he has to look democrats in the...
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Oct 7, 2012
10/12
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the economy is still slow. as a matter of fact, it's growing more slowly now than when you made that statement. if you believe the same thing, you don't want to raise taxes on people. the reality is, it is not just donald trump you are taxing. it is all those businesses that employ one-quarter of the work fwherz america. these small businesses that are taxed as individuals. you raise taxes and you kill jobs. that's why the national federation of independent businesses said your plan will ket kill 700,000 jobs. i don't want to kill jobs in this environment. let me make one more point -- >> jim: let's let him answer the tacks thing for a moment. >> okay. >> well, we have had -- >> jim: about the idea in order to reduce the deficit, there has to be revenue in addition to cuts. >> governor romney has ruled out revenue -- [overlapping dialogue] >> the revenue i get is by more people working, getting higher pay, paying more taxes. that's how we get growth and how we balance the budget. but the idea of taxing people m
the economy is still slow. as a matter of fact, it's growing more slowly now than when you made that statement. if you believe the same thing, you don't want to raise taxes on people. the reality is, it is not just donald trump you are taxing. it is all those businesses that employ one-quarter of the work fwherz america. these small businesses that are taxed as individuals. you raise taxes and you kill jobs. that's why the national federation of independent businesses said your plan will ket...
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Oct 14, 2012
10/12
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KNTV
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we do talk about the economy as if it were a thing. don't anger the economy. the economy is put first opposed to the interaction of people which is what it really is. >> we talk about the economy as anything but the interaction of people and our production and consumption and saving and investment. we talk about it as if it is a vengeful god and sacrifice to the economy which is not an arbitrary word if you ask a modern day greek or spaniard. we speak about it as if it were a crotchett crotchety uncle. metaph metaphorical speech is inescapable. we must describe it metaphorically. that's not something we can avoid. that's how our brains take in and process information. the particular metaphors that we use shape what people believe to be true about a concept. so we know, for example, from a study that was done last year down here at stanford that when people had crime likened to a virus for them, crime is spreading, it's infesting our streets, it's plaguing versus when they had crime likened to an opponent, beat that crime, get tough on crime, their ideas of wha
we do talk about the economy as if it were a thing. don't anger the economy. the economy is put first opposed to the interaction of people which is what it really is. >> we talk about the economy as anything but the interaction of people and our production and consumption and saving and investment. we talk about it as if it is a vengeful god and sacrifice to the economy which is not an arbitrary word if you ask a modern day greek or spaniard. we speak about it as if it were a crotchett...
SFGTV2: San Francisco Government Television
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Oct 8, 2012
10/12
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this is what brought me to the sharing economy. what i was after was a new way to live in a way that i felt i could live fully. what excites me about sharing is how it changes every day like for the better. it empowers us. the economic shift in the new businesses of creating and exchanging value is creating a new cultural narrative. it is replacing an old legacy narrative that was toxic. it told us the go live comes from shopping and competition -- it told us the good life comes from shopping in competition, from being free from each other. we are leading ving this because it has pushed us to the brink of extinction. it has enslaved as to debt. it is boring. it is spiritually empty. there is a news story being born in san francisco. it is one where the more you contribute to the common good, the more you are respected. the better you believe in committee, the more access to what you have -- the better you behave in a community, the more access you have. instead of judging each other, we help each other and realize our greatest pote
this is what brought me to the sharing economy. what i was after was a new way to live in a way that i felt i could live fully. what excites me about sharing is how it changes every day like for the better. it empowers us. the economic shift in the new businesses of creating and exchanging value is creating a new cultural narrative. it is replacing an old legacy narrative that was toxic. it told us the go live comes from shopping and competition -- it told us the good life comes from shopping...
SFGTV2: San Francisco Government Television
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Oct 8, 2012
10/12
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there is no textbook definition of the sharing economy. we will then begin the panel discussion which will last for 45 minutes or an hour, however long you want it to last. before i dived in here, raise your hand if you are familiar with at least one of these books. i highly recommend all of them. the one on the end is coming out in may. "share or die" -- i do not recommend that for marketing, but for a cause, we're trying to push a boundary and break a trail for new companies to follow. that is our perspective about what is at stake on a planet of finite resources with a growing population and growing per capita consumption. it should be obvious that we should be talking about sharing. this is a gigantic hole in our public dialogue. this panel and the working group and hopefully the book can fix that. see how this works. we face disaster unless we simultaneously reduce resource consumption and raise two million people out of poverty. this is the challenge we have in the 21st century. the growth the economy we are moving out of hopefully c
there is no textbook definition of the sharing economy. we will then begin the panel discussion which will last for 45 minutes or an hour, however long you want it to last. before i dived in here, raise your hand if you are familiar with at least one of these books. i highly recommend all of them. the one on the end is coming out in may. "share or die" -- i do not recommend that for marketing, but for a cause, we're trying to push a boundary and break a trail for new companies to...
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Oct 6, 2012
10/12
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in a normal economy we'd be pretty happy with that, but in this economy, where we have a high rate of unemployment and we want to get that down, 150 k is not enough. we need something north of 200,000 per month before we start feeling really good about the way things are headed. >> susie: mark, what's your take on the criticism by jack welch that we just reported on, where he's questioning the veracity of these numbers. do you believe today's numbers? >> i believe the numbers. you know, i respect mr. welch very much, but, you know, that's silly. the b.l.s. is very reputable. it would have to be a conspiracy on the grandest of the scales. i take these numbers at face value. they are what they are. >> susie: so, i mean, these numbers are not open to manipulation at all? there was a lot of talk about that today. >> no. they're not at all. no. in fact you've got so many people working on this from all parts of the bureau of labor statistics, there is no possible way there could be a conspiracy. so, no, it's almost funny to even be talking about it, susie. >> susie: you know, the timing of
in a normal economy we'd be pretty happy with that, but in this economy, where we have a high rate of unemployment and we want to get that down, 150 k is not enough. we need something north of 200,000 per month before we start feeling really good about the way things are headed. >> susie: mark, what's your take on the criticism by jack welch that we just reported on, where he's questioning the veracity of these numbers. do you believe today's numbers? >> i believe the numbers. you...
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peter morici, the economy is not giving them everything that they could be working with. despite these numbers, you know, a drop in the jobs rate in particular, you say that it fuels concerns recovery is sputtering and a recession is imminent. why? >> well, for one thing, manufacturing has lost jobs for a couple of months in a row and that was one of the bright stars of the recovery. a number is the unemployment rate is down because we have about 750,000 additional home-based businesses essentially, people who say they are self-employed. in an economy that's growing so slowly it's implausible that they are finding full-time work, but rather they are working a few hours a week and they are being counted in the house hold survey. after all, they are about 4% of the labor force by themselves. it's hard to imagine that 4% of the labor force all of a sudden finds a viable home-based business in an economy that's growing at less than 1.5%. >> short timers, got people working part-time, people who are -- are home-based businesses, people doing contract work. dan, i mean, it soun
peter morici, the economy is not giving them everything that they could be working with. despite these numbers, you know, a drop in the jobs rate in particular, you say that it fuels concerns recovery is sputtering and a recession is imminent. why? >> well, for one thing, manufacturing has lost jobs for a couple of months in a row and that was one of the bright stars of the recovery. a number is the unemployment rate is down because we have about 750,000 additional home-based businesses...
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and it and it's going up because the economy is going down the economy is what provides the government with its income and if the economy is shrinking the income of the government shrinks of the same tired and therefore the deficit rises and something like that has been going on so the policy can't even succeed in its own terms one of your colleagues an economist called james keane has suggested a scheme that he calls quantities of easing for the public saying that the debt that private individuals have needs to be reduced under scheme he says that cash would be issued to individuals and those with debt would have to use it to pay that debt down and those without it would have a cash injection and it sounds like a great scheme and do you think it would work well i've suggested this as well in an article in the new statesman last week yeah that's fine i mean if you put money in that into the hands of the people. and make sure they as you say spend it in one way or another. then i think that gives a boost to the economy because they can increase their spending and therefore set up a dema
and it and it's going up because the economy is going down the economy is what provides the government with its income and if the economy is shrinking the income of the government shrinks of the same tired and therefore the deficit rises and something like that has been going on so the policy can't even succeed in its own terms one of your colleagues an economist called james keane has suggested a scheme that he calls quantities of easing for the public saying that the debt that private...
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Oct 7, 2012
10/12
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CSPAN
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economy tax. gasoline prices have doubled under the president, electric rates are up, food prices are programs. the president mentioned those ideas. education. it is key. it is the future of our economy. we have 47 training programs. they are reporting to eight agencies. we have to get those dollars back to the states and to the workers so they can create pathways into training they need for jobs that will help them. we should bring the tax rates down. for corporations and individuals. for us not to lose revenue, i lowered deductions and credits and intentions so we keep taking in the same money when you account for growth. energy is critical. the president pointed out that production of oil and gas in the u.s. is up but not due to hisall of the increase in natural private land, not on government land. your administration has cut the number of permits and licenses in half. if i am president, i will doublei like coal. people in the coal industry feel like it is getting crushed by your policies. i w
economy tax. gasoline prices have doubled under the president, electric rates are up, food prices are programs. the president mentioned those ideas. education. it is key. it is the future of our economy. we have 47 training programs. they are reporting to eight agencies. we have to get those dollars back to the states and to the workers so they can create pathways into training they need for jobs that will help them. we should bring the tax rates down. for corporations and individuals. for us...
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Oct 10, 2012
10/12
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KQEH
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federal reserve is also cautious about the economy. it sees risks to growth over the short term, but minutes from its latest policy meeting show fed officials are still optimistic about the long haul. and on wall street today, worries about the coming flood of corporate earnings-- the dow lost 110 points, the nasdaq dropped 47, the s&p was off 14.5%. that sell-off comes on the five- year anniversary of all-time highs for the dow and s&p 500. after a crazy ride in which both averages lost half their value, today, they're within striking distance of those magic numbers. suzanne pratt takes a look at whether we'll see the milestones anytime soon. >> reporter: here's where the major averages are currently trading. the dow is within 690 points of its all-time high, while the s&p 500 is 124 away from its best level. a few really good days and perhaps we'll have new milestones for one or both of the major indexes. veteran floor trader art cashin says it's a possibility, but there's not a lot of conviction among investors today. >> you can see
federal reserve is also cautious about the economy. it sees risks to growth over the short term, but minutes from its latest policy meeting show fed officials are still optimistic about the long haul. and on wall street today, worries about the coming flood of corporate earnings-- the dow lost 110 points, the nasdaq dropped 47, the s&p was off 14.5%. that sell-off comes on the five- year anniversary of all-time highs for the dow and s&p 500. after a crazy ride in which both averages...
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Oct 7, 2012
10/12
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CNNW
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in the global economy. it's called the reverse brain drain. joining me is the director of research at duke university. he's also the author of "the immigrant exodus, why america is losing the global race to capture entrepreneur talent." your research found that from 1995 to 2005, immigrants founded more than a quarter of all tech and engineering start-ups in the united states and more than 52% of those in silicon valley. you have just updated the numbers, and immigrant entrepreneurship has declined. talk to me about this. why is it happening and how do we fix it? >> it's very simple. there are a million skilled immigrants here waiting for permanent residents visas. many of them want to start companies and employ americans and do good for this country. we won't let them, wevisas. so they're getting frustrated and going home. so now we're now boosting our competition. >> it's weird, it's bringing policy both presidential candidates disagree with. you heard mitt romney saying he wants to staple a green card to the degree. where is the holdup? whe
in the global economy. it's called the reverse brain drain. joining me is the director of research at duke university. he's also the author of "the immigrant exodus, why america is losing the global race to capture entrepreneur talent." your research found that from 1995 to 2005, immigrants founded more than a quarter of all tech and engineering start-ups in the united states and more than 52% of those in silicon valley. you have just updated the numbers, and immigrant...